US8718291078 - Common Stock - After market: 83.91 0 (0%)
Taking everything into account, SYY scores 8 out of 10 in our technical rating. SYY has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Besides having an excellent technical rating, SYY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 83.9, a Stop Loss order could be placed below this zone.
Given the decent technical rating and the setup score, we can suggest the following trade.
|An entry @85.29. This is a Buy Stop order right above the 10 day moving average.||An exit @83.47. This is a Stop Loss order right below the 10 day low.||The trade has a worst case loss of 1.82 points, which is 2.14%.||When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%.|
NYSE:SYY (12/8/2022, 7:09:54 PM)-0.28 (-0.33%)
|GICS Sector||Consumer Staples|
|GICS Industry||Food & Staples Retailing|
|2 Weeks||-2.5%||1 Month||1.15%|
|3 Month||0.02%||6 Month||2.44%|
|ATR Inc||-26.92%||Range Today||0.91|
|ST Trend||LT Trend|
|10 Day High||87.21||10 Day Low||83.48|
|20 Day High||87.21||20 Day Low||82.98|
|52 Week High||91.53||52 Week Low||69.83|
|CS1 End||83.9||CR1 Start||85.03|
Find stocks with similar TA and Setup ratings on the USA
Find the competitors with the best technical ratings on the USA
Find the competitors with the best technical and setup ratings on the USA